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A the balances as per cash column of Cash Book and the Pass Book B the balance as per bank column of Cash Book and the Pass Book. C the balance as per bank column of the Cash Book and balance as per cash column of Cash Book D none of the above
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Bank reconciliation statement is prepared to know the causes of difference between the balance as per bank column of the cash book and the passbook. This is because, both of these accounts show same transactions but with different point of views. The cash book is prepared with the point of view of the customer and the passbook is prepared with the point of view of the bank.
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